Department store
supermarket
off-price retailer
service retailer
sells overruns, leftover goods, and salvage lots
includes hotels, movie theaters, and restaurants
offers a range of choices and high-quality service
generally deals with foods and beverages

answer; descriptive statistics;

answer; break-even analysis;

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.